Browsing Category
Energy
Nigeria boosts power grid with new equipment
FGN Power Company, responsible for executing the Presidential Power Initiative (PPI) in Nigeria, has received 10…
Kaduna DisCo warns customers over unpaid bills
The management of Kaduna Electricity Distribution Company has clarified misconceptions surrounding the payment for…
Ghana’s Parliament Faces Power Cut Over Unpaid Debt
Ghana's state-run electricity provider, ECG, took the drastic step of briefly cutting off power to the parliament…
Power Outages Affect 14 Communities in Ogun State
Over 14 communities in Ogun State are grappling with power outages attributed to technical faults in power…
NNPC Adresses Concerns on Fuel Scarcity
The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding long queues at filling…
BAT (Nigeria) Unveils Solar Panel System
Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at…
Ghana Cabinet Withdraws 15% VAT on Electricity
The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread…
FG Explores Green Hydrogen Opportunities for Cleaner Energy Transition
The Federal Government has embarked on exploring opportunities in green hydrogen as part of its efforts to…
NNPC Engages South Korea for Gas Projects
The Nigerian National Petroleum Company Limited (NNPCL) has initiated discussions with a South Korean consortium…
Nigeria Flares $1 Billion Worth of Natural Gas
BusinessDay's investigation revealed that Nigeria flared approximately $1 billion worth of natural gas last year,…
Weza Power to Revolutionize Electricity Distribution in Burundi
Announced at the Africa Climate Summit in Nairobi, a groundbreaking initiative will bring grid power to nearly 70%…
Shell Executive Notes Significant, Though High, Reduction in Global LNG Prices
Steve Hill, the Executive Vice President at Shell, acknowledged a significant but still historically high…
Shell Signs Letter of Intent for Floating Production Unit in U.S. Gulf of Mexico
Shell Offshore, a subsidiary of Shell, has entered into a letter of intent (LOI) with Seatrium Oil and Gas…
Ukraine and Russia Clash Over Black Sea Oil and Gas Platforms; Military Activity…
The UK Ministry of Defence has reported that Ukraine and Russia are engaged in a conflict over strategic oil and…
Uncertain Prospects for Port Harcourt Refinery Restart as Doubts Surface Over…
The hopes for the Port Harcourt refinery's resumption of fuel production by December 2023, following its Turn…
Equinor’s Milestone Floating Wind Power Project Amidst Industry Challenges
Equinor, a leading energy company from Norway, has achieved a groundbreaking feat by unveiling the world's largest…
Transcorp Group: A Driving Force for Nigeria’s Energy Transformation
Transcorp Group, under the leadership of Chairman Tony Elumelu, is emerging as a pivotal force in propelling…
Nigeria Requires $20 Billion Annual Investment for Gas Expansion Projects
The Nigerian government has stated that approximately $20 billion in annual investments will be necessary to…
Nigerian Electricity Supply to Niger Faces Payment and Political Challenges
According to the Nigerian Electricity Regulatory Commission's (NERC) first-quarter report, Niger currently owes…
World Bank, Clean Technology Fund, and Dutch Cooperation to Finance $338.7 Million…
A consortium comprising the World Bank, Clean Technology Fund, and the Dutch Cooperation is set to finance solar…
Seplat Energy Records 10.21% Growth in Gas Revenue for H1 2023
Indigenous energy company, Seplat Energy Plc, reported a 10.21% increase in its gas revenue for the first half of…
Nigerian Electricity Consumers to Receive Compensation for Poor Service Delivery
The Nigerian Electricity Regulatory Commission (NERC) has introduced a compensation scheme for electricity…
Globeleq Expands Renewable Portfolio in Africa with Acquisition of Mocuba Solar…
Globeleq, the leading independent power company in Africa, has reached an agreement to acquire Scatec A.S.A.'s…
Federal Government Faces Revenue Shortfall from Gas Flaring Penalties
The Federal Government recorded a revenue shortfall of N13.33 billion in January and February 2023 from gas…
Geregu Power Makes N8.78bn Advance Payment to Italian Firm for Turbine Overhaul
Geregu Power Plc, a power generating company in Nigeria, revealed that it has made advance payments totaling…
Amea Power Secures $75 Million Funding from SoftBank Group for Expansion
Dubai-based renewable energy company, Amea Power, has successfully secured a $75 million equity funding round from…
Concerns Mount Over Power Tariff Review Amid Rising Subsidy Costs
The Nigerian Electricity Regulatory Commission (NERC) has reported that the Federal Government's spending on…
Nigerian Power Distribution Companies Apply for Tariff Review
The Federal Government has announced that the 11 power distribution companies (Discos) in Nigeria have submitted…
New Gas Pricing Template and Clearing Power Sector Debts: Boosting Nigeria’s…
A new gas pricing template for the power sector and gas-based industries in Nigeria is awaiting approval from…
Nigeria’s Dominance in Africa’s Gas Market: A Promising Future
Nigeria's gas reserves have positioned the country as a dominant player in Africa's gas market, accounting for 33…